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Attachments: The Spartan Trader FX System
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The Spartan Trader FX System

Hi Greg

I just put the DRAWPROFIT indicator that Edd1e uses into my charts, and it has shown that some decisions (entries) are just wrong. Thanks for sharing this with us, and I will be using it into the future.
Good opportunity here. Looking for entries on 5M
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  • Post #23
  • Quote
  • Edited 5:05pm Nov 7, 2016 4:13pm | Edited 5:05pm
Quoting JAKammus
Good opportunity here in GCad. Looking for entries on 5M
Trading which direction JAK - I am assuming short? My broker (Go Markets Australia) does not offer the GBPCAD pair, but I took a look at a chart on investing.com and I thought i saw a short setup on D1. I have found a corresponding short setup on GBPAUD D1 so I am now entered on GA via a M5 setup. I was going to wait until after the US Presidential election result before I resumed trading but this setup looked too good to ignore.
Got involved on this one from earlier today as well. Its going good
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Another pair I'm watching. Good opportunity
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Click to Enlarge Name: 2016.11.7 GBPAUD 240M.PNG Size: 94 KB
Quoting JAKammus
Another pair I'm watching (GBPAUD). Good opportunity
I am seeing GBPAUD going SHORT, not long like you are JAK mainly because price has not broken above the Daily Sloping Trend Line (STL) shown by my purple dashed line.

My 36eMA is red (and my 12 is blue, 200 is white, 633 is yellow)

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Quoting GregT
{quote} I am seeing GBPAUD going SHORT, not long like you are JAK mainly because price has not broken above the Daily Sloping Trend Line (STL) shown by my purple dashed line. My 36eMA is red (and my 12 is blue, 200 is white, 633 is yellow) {image}
You are right. I'm actually expecting to go down with it but the the 200 EMA is 300 pips away from my POSSIBLE ENTRY (I'm not in yet). I'm waiting to see if the price will create a 123 upwards, or break that last TL you have drawn. If it breaks then I will go short for the long run, but only if it creates a 123 below the range
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Click to Enlarge Name: 2016.11.7 GBPAUD 240M 2.PNG Size: 94 KB
List of spartan trade setups I think are looking likely to trigger this coming week:

1) NU short - price has dropped below all D1 / WK MAs and H4 MAs are now diverging short. D1 and H4 stoch both below 20 = short bias. Planning on entering H1 setup that formed on Friday as price is about to takeout the most recent H1 swing pt.

2) ACad long - Point 3 is forming on D1 and HTF 200-633 MA's are presenting as potential S-levels to bounce price long

3) UJ Long - price has broken through D1 / WK / MN 200-633 MAs so resistance is broken. Waiting for next D1 spartan setup. Just missed a H1 setup so watching on M5 for further pullbacks for re-entry opportunity

I am already in a GU short trade from last week

Any thoughts or other potential trades from anyone?
Quoting Flipflop4
Not got much screen time today but just thought I'd post this long setup on AUDJPY. I'll reply to the PM later if I get a chance GregT {image} H4 showed a 12/36 crossover to the up with the price bouncing off these as support. However it wasn't as good a setup as it could have been, overall trend on the H4 (according to 200 & 633 EMA) was down although it seems to be ranging since May 5. With plenty space to the upside in terms of range highs & 200EMA resistance I went for it. Things I could/should have done better: - Picked a pair where the 6pip...
Hi I am outside Australia, but wit would be great to contact.
Quoting AndrejsZ
{quote} Hi I am outside Australia, but wit would be great to contact.
Hi Andrejs. Would be good to see you network through this forum. Feel free to contribute your thoughts and potential setups you are seeing. I'm no expert at spartan yet so more collaboration would be good so we can all succeed together.

Greg
  • Post #31
  • Quote
  • Edited 10:33pm Nov 21, 2016 7:01pm | Edited 10:33pm
Quoting GregT
...I am already in a GU short trade from last week ...
My GU trade failed last night during the NY session while I was sleeping. I had moved the SL during the day to inside the wicks of the previous H4 swing point in an effort to start reducing my risk and get into profit eventually. I was at 15+% during the London session. Was my stop hunted? Who knows...there was no GBP news, just a reversal on the USDX that all the majors benefited from, so I guess that is why I got caught out.

My lesson from this trade is to keep the SL well outside the swing point wick.

Does anyone have a suggestion on how to better manage these type of situations while you get some sleep?

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Quoting GregT
List of spartan trade setups I think are looking likely to trigger this coming week: 1) NU short - price has dropped below all D1 / WK MAs and H4 MAs are now diverging short. D1 and H4 stoch both below 20 = short bias...
I think NU is still setting up - here is a H4 screenshot from my charts

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Quoting GregT
List of spartan trade setups I think are looking likely to trigger this coming week: ... 2) ACad long - Point 3 is forming on D1 and HTF 200-633 MA's are presenting as potential S-levels to bounce price long ...
I also think ACad is still setting up

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Quoting GregT
List of spartan trade setups I think are looking likely to trigger this coming week: ... 3) UJ Long - price has broken through D1 / WK / MN 200-633 MAs so resistance is broken. Waiting for next D1 spartan setup. ...
Still waiting for UJ to setup on D1
New Trade - EURNZD Short

Reasons: D1 Xover bar formed yesterday after 3 days of no volatility after Point3 formed on the 15th. News is touting Kiwi to weaken further. Price is diverging away from all HTF MAs, which are themselves diverging nicely

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Problem with Drawpoint indi Re: Post 19

I have noticed that trades made in my DEMO account are showing up on charts that I am using with my LIVE account, which is very annoying. I'll report it to the indicator programmers
keep this thread going ! i have been looking a lot for spartan trading buddies. I will share my trade updates next week . Looking forward to see your trades too .
>>> Trade like nobody is watching
  •  mrsoap
  • Joined Nov 2015 | Status: Forex Account Recovery Specialist | 7 Posts
I have started using this system for my trading.
Quoting falkenboi
keep this thread going ! i have been looking a lot for spartan trading buddies. I will share my trade updates next week . Looking forward to see your trades too .
Quoting mrsoap
I have started using this system for my trading.
Good to see the extra interest with networking via this forum. I have been away for the past week but am getting back into trading again next week so over the upcoming weekend I will post any setups from the D1 TF that I think are possible. Will be ready to contribute my thoughts to any setups you guys wish to post

Greg
I am looking to go long on gbpnzd .We have got a daily trendline break and in the four hourly and one hourly a nice 123 pattern .Hoping to take longs in the 5m chart . I would love to hear your openion .
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>>> Trade like nobody is watching
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